Headlines

US President Trump and Senate Minority Leader Schumer move towards a possible deal to avert a shutdown, according to New York Times

Newsquawk Staff ·

- Trump and Schumer were discussing an agreement to split off homeland security funding from a broader spending package and negotiate new limits on immigration agents.

What it means

The reported discussions between President Trump and Senate Minority Leader Schumer to avert a government shutdown may reduce uncertainty in financial markets. A compromise on funding could ease concerns about a fiscal impasse, likely boosting risk sentiment in equities and supporting the USD against safe-haven currencies if a deal is reached.

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